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Question 1: What is true about a (alpha. in the Exponential Smoothing Forecast (ESF. method?
A. (alphA. Is calculated by Oracle Inventory.
B. (alphA. is multiplied by the forecast error to determine the adjustment.
C. (alphA. equals the old forecast plus a portion of the forecast error from the previous period.
D. (alph equals the old forecast.
E. (alphA. Is always greater than one.
Correct Answer: B
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